Meituan 美团 and MACD Divergence | Moses Stock Charting | AmiBrokerAcademy.com

29 August 2021

Welcome!

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This not a site for those whom just want to know, buy or sell signals. We don’t provide, we provide you the thought. You can decide when to buy and sell and take responsibility.

Trading is all about observation, trade what you see reading the price bar by bar and not checking the news.

By the time you hear the news it is already old and become history. Why? It is very simple, remember where the news come from? It has first someone read the chart and project the change in price action direction. They release their thought to the news agency like CNBC, and so on. Next, someone has to read the news to you after some research and summarize. This will be few hours later, by then the price action has already move.

As for price bar, it is what the market supply and remand. When market feel that is over price, the price will drop. All this reflected on the price bar almost instantly.

Next is how to read our price bar plus using some tools, such as MACD.

Here, we simply translate price action chart into layman language. This will help you in understand the financial instrument you are trading. We believe picture worth a thousand words. So, sometimes we use less words. You can learn the price action interpretation too. Give it a tray. You may not have the same view points as us. Remember all analysis read price action chart differently. It is just like reading an essay, we will have different conclusion.

Trade well.

Trade what you see. Manage your risk.

1) Meituan 美团 and MACD Divergence

MACD Divergence.

20210827 Meituan 美团 and MACD Divergence

Moses Power Charting

Official AmiBrokerAcademy.com Charting

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

We learn from many past and present great traders. Kudo to these master.